Automatic fare paying device for vehicles and method
First Claim
1. A compact fare paying device comprising:
- a housing having a first opening for receiving a coin and a second opening for receiving a bill;
means for automatically verifying the authenticity of the coin tendered through the first opening;
means for computing the monetary value of the tendered coin;
means for returning the tendered coin if the computed value is above a predetermined value;
means for automatically verifying the authenticity of the bill tendered through the second opening;
means for computing the monetary value of the tendered bill;
means for returning the tendered bill if the computed monetary value is above a predetermined value, and means for storing the coin and/or bill when the computed monetary value is equal to a predetermined value.
1 Assignment
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Accused Products
Abstract
A compact fare paying device has a housing for receiving a monetary member and at least one verifier unit in the housing for determining the authenticity of the monetary member. A storage device such as a safe can receive the monetary member or a return device can return it to the user. A control unit can compute the monetary value of the monetary member and compare the monetary value to a stored required fare value. If the monetary value is greater than the fare value, the monetary member can then be translated to the return device. If the monetary value is less than the stored fare value, the monetary member is stored for a predetermined time period to enable the user to deposit the required fare. If it is not deposited within the predetermined time period, the temporarily stored monetary value is translated to the return device.
40 Citations
8 Claims
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1. A compact fare paying device comprising:
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a housing having a first opening for receiving a coin and a second opening for receiving a bill;
means for automatically verifying the authenticity of the coin tendered through the first opening;
means for computing the monetary value of the tendered coin;
means for returning the tendered coin if the computed value is above a predetermined value;
means for automatically verifying the authenticity of the bill tendered through the second opening;
means for computing the monetary value of the tendered bill;
means for returning the tendered bill if the computed monetary value is above a predetermined value, and means for storing the coin and/or bill when the computed monetary value is equal to a predetermined value. - View Dependent Claims (2, 3, 4, 5)
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6. A compact fare paying device for mounting in a vehicle to provide an automatic receipt and verification of the required fare to enable use of the vehicle by a user, comprising;
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a housing having an opening for receiving a monetary member;
at least one verifier unit in the housing for determining the authenticity of the monetary member and providing a corresponding signal;
a storage device in the housing for the storing the monetary member;
a return device for rejecting the monetary member;
means for translating the monetary member from the opening to one of the storage device and the return device;
means for computing the monetary value of the monetary member and comparing the monetary value tendered to a required fare to provide a corresponding signal; and
a control unit for receiving the signals from the verifying unit and the means for computing and activating the means for translating wherein only when the required fare is verified is the monetary member translated to the storage device and in all other events the monetary member is translated to the return device. - View Dependent Claims (7)
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8. A method for paying a fare comprising the steps of:
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receiving a monetary member;
counting a time period from the receipt of the monetary member;
automatically verifying the authenticity of the monetary member;
computing the monetary value of the monetary member;
automatically returning the monetary member if its monetary value is above a predetermined value equal to the fare;
temporarily storing the monetary member if its monetary value is below a predetermined value; and
automatically returning the temporarily stored monetary member if the counted time period is equal or greater than a predetermined time period.
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Specification